New to Virtual Wholesaling - Tips, questions, flipster

[Azzam Nehal]

Hello my name is Azzam. I'm a 20 year old Junior in college trying to get started in the virtual wholesaling game.

I've been doing research on this business for months, I watched tons of youtube videos and read books so I really understood what I was getting into. Based off this I thought my best bet to get started right away and get my first deal as soon as possible, was to JV with a more experienced wholesaler. I found my JV partner and now I'm looking for properties in Texas. After some more researching I purchased Flipster, the online software that supposedly helps find leads and do all the little things for you. I dont want my monthly investment on Flipster to go to waste, so I'd like to get my first deal done soon. I have a few questions for anyone with some experience who's willing to answer.

Flipster gives me a deal analyzer tool, but I'm not sure how much I should trust it, how do you find your offer price for a propety? I understand looking through different sites and going through the numbers of comps and such, but Flipster sometimes cannot access nearby comps, so i guess im asking how should i create an offer price? Do you guys do a certain percentage of the ARV?

Whats the best categories to search for leads under? Pre-Forclosure? 

Has anyone had any real success by using either Flipster or Facebook Leads? I plan to began using both systems and would like to know if anyone else has some experience.

Any other new wholesalers out there? I'd love to see where yall are at in your journey!